Sharp Corporation manufactures and sales telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. More Details
+ 1 more risk
Adequate balance sheet with concerning outlook.
Share Price & News
How has Sharp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6753 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 6753's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JP stocks.
7 Day Return
JP Consumer Durables
1 Year Return
JP Consumer Durables
Return vs Industry: 6753 underperformed the JP Consumer Durables industry which returned 69.8% over the past year.
Return vs Market: 6753 exceeded the JP Market which returned 39.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sharp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Sharp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6753 (¥1863) is trading above our estimate of fair value (¥1148.43)
Significantly Below Fair Value: 6753 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6753 is poor value based on its PE Ratio (129.8x) compared to the JP Consumer Durables industry average (12.8x).
PE vs Market: 6753 is poor value based on its PE Ratio (129.8x) compared to the JP market (18x).
Price to Earnings Growth Ratio
PEG Ratio: 6753 is poor value based on its PEG Ratio (14.2x)
Price to Book Ratio
PB vs Industry: 6753 is overvalued based on its PB Ratio (3.8x) compared to the JP Consumer Durables industry average (1x).
How is Sharp forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6753's forecast earnings growth (9.1% per year) is above the savings rate (0%).
Earnings vs Market: 6753's earnings (9.1% per year) are forecast to grow slower than the JP market (14.7% per year).
High Growth Earnings: 6753's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6753's revenue (1.6% per year) is forecast to grow slower than the JP market (5.7% per year).
High Growth Revenue: 6753's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6753's Return on Equity is forecast to be low in 3 years time (14.1%).
How has Sharp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6753 has a large one-off loss of ¥13.0B impacting its December 31 2020 financial results.
Growing Profit Margin: 6753's current net profit margins (0.4%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: 6753 has become profitable over the past 5 years, growing earnings by 64.8% per year.
Accelerating Growth: 6753's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6753 had negative earnings growth (-81.4%) over the past year, making it difficult to compare to the Consumer Durables industry average (-6.7%).
Return on Equity
High ROE: 6753's Return on Equity (2.7%) is considered low.
How is Sharp's financial position?
Financial Position Analysis
Short Term Liabilities: 6753's short term assets (¥1,190.7B) exceed its short term liabilities (¥934.0B).
Long Term Liabilities: 6753's short term assets (¥1,190.7B) exceed its long term liabilities (¥692.3B).
Debt to Equity History and Analysis
Debt Level: 6753's debt to equity ratio (242.5%) is considered high.
Reducing Debt: 6753's debt to equity ratio has reduced from 473% to 242.5% over the past 5 years.
Debt Coverage: 6753's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 6753's interest payments on its debt are well covered by EBIT (54.9x coverage).
What is Sharp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6753's dividend (1.61%) is higher than the bottom 25% of dividend payers in the JP market (1.21%).
High Dividend: 6753's dividend (1.61%) is low compared to the top 25% of dividend payers in the JP market (2.79%).
Stability and Growth of Payments
Stable Dividend: 6753's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6753's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (125.4%), 6753's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeng-Wu Tai (67 yo)
Mr. Jeng-Wu Tai has been the Chief Executive Officer of Sharp Corporation since August 16, 2016 and its Chairman since June 2018. He served as President of Sharp Corporation since August 16, 2016 until Jun...
Experienced Management: 6753's management team is considered experienced (2.3 years average tenure).
Experienced Board: 6753's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sharp Corporation's company bio, employee growth, exchange listings and data sources
- Name: Sharp Corporation
- Ticker: 6753
- Exchange: TSE
- Founded: 1912
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: JP¥1.138t
- Shares outstanding: 610.83m
- Website: https://global.sharp
Number of Employees
- Sharp Corporation
- 1 Takumi-cho
Sharp Corporation manufactures and sales telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through thre...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/16 08:03|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.